DC WASHINGTON DC
JE JOHN ERIC R E A L E S TAT E
®
歡迎 Bienvenue BIENVENIDOS BENVENUTO
Willkommen
欢迎
WELCOME
Dear Compass Colleague: Greetings from your Nation’s Capital. My name is John Eric and I am Senior Vice President and Senior Advisor at Compass in Washington, DC. On behalf of myself and my team, we look forward to working with you. As market leaders in our region, we hope to establish solid relationships with you and offer our services to assist you and those of your clients relocating to the Washington Metropolitan region. The Washington metropolitan region includes not only Washington, DC, but also Northern Virginia and suburban Maryland as well and we cover them all. It’s truly hard to describe to people who’ve not been to Washington, DC, the beauty of this city and the exceptional place it is to live and work. And, although there are plenty of jokes about living “inside the beltway” and how out of touch Washington is with respect to other parts of the country, nothing could be further from the truth. Washington is America. The inhabitants of this amazing city are from America’s fifty states and its territories. As the Nation’s Capital, we benefit from a diverse and multi-cultural population, including residents from other countries who also call Washington home and add to the city’s vitality and charm. Washington’s prominence on the world stage is well known. From the White House to Congress to every agency in between, Washington is about government. However, to assume that Washington’s story ends there creates an incomplete image of the city. Washington is also home to the many museums and galleries that contain many of our national treasures with free public access each and every day. It’s one of the world’s few capitals to do so. The expansiveness of the National Mall with its abundance of monuments and memorials allows everyone to personally experience our nation’s rich history. These unique places allow all of us to pay tribute to those who built and served this amazing country that we are so lucky to call home. This can truly happen only in Washington, DC. The Washington Metropolitan region is also well known for its thriving high-tech and bio-tech communities. We are also prominent in the fields of telecommunications, banking and new business start-ups. Washington has a pulse and beat way beyond government. Combined, all of these areas make up a diverse and dynamic place to call home. My story with Washington began 29 years ago, when I arrived from California to attend college. I decided to stay after school and began to build a new life. I feel privileged to call Washington, DC my home and proudly call myself a Washingtonian. In my years in Washington, the changes have been stunning and dramatic. The revitalization of Washington’s neighborhoods has completely transformed the city and ushered in thousands of new residents and businesses. The restaurants, shops, theatres and culture are truly hard to beat. As one of the most important cities on the planet, you become a witness to history. My group and I love this city. It would be our honor and pleasure to assist your referral clients in the search for their new residence in this dynamic city. Best, John Eric
この地域のマーケットリーダーとして御社としっかりとした取引関係を結び、サー ビス提供することで、御社や御社のクライアント様がワシントンのメトロポリタン 地域に移転される際のアシスタント役を務めることができればと願っております。
L’importanza di Washington a livello mondiale come capitale degli Stati Uniti è conosciuta, ma sarebbe riduttivo pensare a questa città solamente per questo motivo.
Die regionale Metro bedient Millionen von Einheimischen und Touristen und erstreckt sich über die Ringautobahn hinaus. Les modifications et les ajouts à notre région continuent d’être magnifiques et spectaculaires.
我们俩和我们各自的家庭感到非常幸运，能够叫华盛顿哥伦比亚特区为家，并骄傲地称我们自己为华盛顿人。 我們兩和各自的家庭對此都感到榮幸, 同時也很驕傲地自稱是華盛頓人。
لضفأ لكشب انتقطنمو انتنيدم فرعي دحأ ال.
IT ONLY TAKES A SHORT PERIOD OF TIME FOR A NEW RESIDENT OF THE DISTRICT OF COLUMBIA TO ENCOUNTER THE NAME PIERRE L’ENFANT.
It only takes a short period of time for a new resident of the District of Columbia to encounter the name Pierre L’Enfant. Many Washingtonians bandy about his name as if they knew him from way back when. But, how much do we really know about Pierre L’Enfant? Pierre Charles L’Enfant was born on August 9, 1754, in Anet, Eune et Loire to an aristocratic family. L’Enfant studied at the Royal Academy of the Louvre until making his way to America at the age of 22, after being recruited by Pierre Agustin Caron de Beaumarchais to join the American army during the Revolutionary War. L’Enfant served with George Washington at Valley Forge and befriended the first President. It was George Washington that confirmed L’Enfant’s appointment as the architect of the America’s nascent capital. The architect arrived in Georgetown on March 9, 1791, and began his work from the Suter’s Fountain Inn. He drafted a plan that would be both unique and practical, utilizing undeveloped land to create a system of streets and parks meant to distinguish this capital from all others. L’Enfant’s plan featured ceremonial spaces and grand
radial patterns of avenues, while highlighting the natural contours of the land. Underneath this pattern, a traditional grid-like design would provide functionality to the city’s new citizens. Together, they created a spectacular array of architectural planning. L’Enfant designated the two most important sites of the city to be the placements of the Congress and the Executive Mansion. The “Congress House” would be erected on Jenkins Hill and the “President’s House” located on a ridge parallel to the Potomac River. From these, he specified that the avenues should radiate outwards. These grand avenues would be named after the newly created states. Connecticut, Delaware, Indiana, Kentucky, Louisiana, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Georgia, Rhode Island, South Carolina, Tennessee, Vermont and Virginia would be the first avenues of the new capital. On his plan, L’Enfant shaded and numbered fifteen large, open spaces. These spaces were found at the intersections of the grand avenues and would feature statues and memorials to honor citizens. Among those to be featured were McPherson Square, Farragut Square, Washington Circle, Dupont Circle, Logan Circle, Scott Circle and Pershing Park. One of the only aspects of the original plan that failed was the site of what is now the National Mall. Originally, L’Enfant had envisioned the area as a “grand avenue,” not a park. He laid out a 400 foot-wide, garden-lined avenue, that would be 1 mile long and run on an east-west axis. Pennsylvania Avenue took the place of this “grand avenue” and the National Mall filled its stead.
L’Enfant’s insistence that his city design be realized as a whole brought him into conflict with city commissioners, who wanted to direct the limited funds to the construction of federal buildings. After being relieved of his work, L’Enfant left Washington. He served as a professor of engineering at West Point from 1813-1817 and worked on small projects. On June 14, 1825, L’Enfant died nearly penniless and was buried at the Green Hill farm in Chillum, Prince George’s County, Maryland. At the instigation of Jean Jules Jusserand, a French ambassador to the United States, L’Enfant’s adopted nation recognized his contributions. In 1909, after lying in state in the Capitol rotunda, L’Enfant’s remains were re-interred at Arlington National Cemetery, on a hill overlooking the city that he had designed. Since then, many honors have been made in his name. In 1942, a Liberty Ship named the SS Pierre L’Enfant was launched. L’Enfant Plaza was dedicated in Washington in 1968. In 2003, L’Enfant’s plan for Washington was commemorated on a United States Postal Service postage stamp. The Government of the District of Columbia has commissioned a statue of L’Enfant, which is meant for the National Statuary Hall Collection in the Capitol Building. And, since 2005, the National Building Museum has held an annual “L’Enfant Lecture on City Planning and Design” to draw attention to critical issues in city. The name of Pierre L’Enfant daily rings through this city. His contributions, not only to the District of Columbia but to the United States, are those that should be honored.
METRO The region’s Metro services millions of locals and tourists and extends beyond the Beltway. Residents who live in Alexandria, Arlington, Reston, Bethesda, Chevy Chase and Rockville have an easy commute into the city. Metro Center and its neighboring station, Gallery Place, provide easy access to five of the six subway lines. The newly opened Silver Line will bring an estimated twenty real estate development projects near its five stations and is sure to become a hot spot in the region’s landscape.
BIKE
Another convenient mode of transportation found throughout the area is The Capital Bike Share program. It offers thousands of bikes at over 300 stations located conveniently throughout Washington, Arlington, Virginia and Montgomery County, Maryland. There are a number of ways of getting around the Washington metro area. Whether on foot, by bike or on Metro, it is both easy and convenient.
The Washington area is home to some of the most beautiful neighborhoods in the United States. Not only that, it is the top walkable urban area in the country. In June, 2014, researchers at the George Washington University released a study confirming that Washington walks. The walk score of many areas in Washington DC is an impressive 98. Walking to work, running errands or meeting up with friends for an evening out -- in Washington social activities can be enjoyed with or without a car.
WALKIN Sources: www.walkscore.com -- Capital Bike Share www.planitmetro.com
METRO LEGEND RD
Red Line • Glenmont to Shady Grove
OR
Orange Line • Newcarrolton to Vienna
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Blue Line • Franconia-Springfield to Largo Town Center
GR
Green Line • Branch Ave. to Greenbelt
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Yellow Line • Huntington to Fort Totten
SV
Silver Line • Dulles Corridor Line
GIVING YOU MORE OF WHAT YOU WANT. Our ADDY award winning magazine, John Eric Home, brings you inspiration, imagination and information to help you live the lifestyle that you deserve. Our readership has grown year-after-year, expanding from the metro DC region to around the world. Visit our digital edition at johneric.com where you will find everything you want and need to know.
By following John Eric Real Estate and John Eric Magazine on Facebook and Twitter, keep on top of all of the current trends, news and local events in Washington and from around the web.
JE JOHN ERIC R E A L E S TAT E
ÂŽ
DC Rising: Up,
Up and
Away….
The DC Region is growing up! by John Eric Senior Vice President and Senior Advisor | Realtor
The View at Tysons
The Washington, DC Metropolitan Region building boom continues. And, unless you’ve been asleep, it’s hard to miss all the building cranes dotting the skyline in DC, Arlington, Bethesda, Tysons and so many other areas. DC has suffered from the same problem that Los Angeles suffered from early on, the city grew out before it grew up. So first off, let me come clean, I’m a skyscraper fan, always have been and always will be. So, living in DC gives me a height complex. Whether you like it or not, change is coming and I for one, couldn’t be happier. Our area has some amazing architecture in the classic buildings that shape and form our city. However, most of K Street and other business corridors in DC have always suffered
from boring buildings and big boxy structures. I’ve never understood why world capitals that are considerably older than DC, like London, Paris, Berlin, and Beijing, can welcome and embrace change and we can’t. These cities struggle with population density issues just like us and look for the best ways to maximize density. These cities are not afraid to mix the old with the new to create dynamic structures that live right next door to hundred year old ones. London welcomed the tallest building in the Europe Union in 2012 with The Shard. The Shard stands an impressive 87 stories and doesn’t compete with the skyline of London, it enhances it. I visited The Shard last October and WOW! It is truly stunning and
has fostered a new building boom in London. So, while we don’t have buildings that tall yet, we are about to see an explosion of ever increasingly tall buildings in our region. It’s nice to see our area and the regional governments embrace DC’s ability to grow up. Here are few of the buildings coming to our region:
Rosslyn Plaza
. The Shard, London
Rosslyn Plaza 7.65-acre superblock located in Arlington. Five new buildings spanning more than 2.5M SF to include 4 office buildings and 2 residential.
The View at Tysons The Iconic Tower will rise 48 stories
The Apex Upon completion will be Bethesda’s tallest building at 25 Stories.
The Apex
FOR¤IGN INVESTMENT DC, Open for Business by John Eric Senior Vice President and Senior Advisor | Realtor
DC City Center
TIAA-CREF and Norges Bank Investment Management paid $392 million, or $1,075 a square foot
Foreign Investment, every city around the world wants it, but very few actually get it. When you think of foreign investment cities, a few names quickly come to mind: New York, London, Dubai and Hong Kong. However, the pieces on the chessboard have started to move. The Washington, DC Metropolitan region has entered the competition and has started to lure big bucks into the city. The Qatar government’s real estate investment arm recently invested $650 million dollars into City Center DC, the billion dollar mixed used development on the former site of the old DC convention center. It’s more than fair to say that without those funds, the City Center DC would still be on the drawing board waiting to be built. This was the very first investment into the DC Real Estate market by Qatar. Norges Bank Investment Management and Oxford Properties recently purchased 900 16th St. NW for about $1,250 per square foot, or about $160 million, the highest price per square foot in DC history. Washington also just scored the highest price ever paid for a building in The Washington Metropolitan area now ranks as one of the most attractive markets for foreign investment in the US according to the Association of Foreign Investors in Real Estate. One of the lures of investment into the area is the obvious, Washington’s prominence on the world stage, home of the US Government and our thriving high-tech and biotech communities. The Washington area is affluent, educated and worldly. The most recent economic downturn that affected the entire globe
also shinned light on the resilience of the Washington region’s real estate market. By and large, our region withstood the pounding to the economy that so many cities like New York, Los Angeles and Miami experienced. Our local economy told the world and foreign investors one thing, an investment in the DC area is a smart one, and we offer a unique opportunity that is safe. Let’s be clear, foreign investors look for a great return and a safe investment; our region proved we offer both. The character and pace of our region has changed dramatically over the past two decades and Washington’s old description of a sleepy town is gone. In its place is a dynamic, ever- changing city with a new pulse of hip, stately and exceptional places to live, work and play. The Washington region is open for business. Investors from South Korean, China, the Middle East, Europe and Canada have taken notice. The world has taken notice of our region and one thing is very clear, the Washington Metropolitan region is “Right for Foreign Investment and Open for business.”
A South Korean asset manager has acquired NASA’s D.C. headquarters building for nearly $360 million, or about $593 per square foot
DC RIGHT AT YOUR FINGERTIPS The John Eric Group’s website provides up-to-the-minute information on John Eric properties and a whole lot more. All of the group’s current and past property listings are available to view. Select properties are highlighted on the website and Buyers Guides for both Washington DC and Arlington, Virginia are accessible. Of course, all information regarding the John Eric Group is at your fingertips too. Featured on the site is Washington area news, the John Eric blog, and the portal for John Eric Home. It is, also, the place to find the Community Spotlight page, which highlights a different neighborhood in the Washington area each week. Make sure to follow the John Eric Group’s website (www.johneric.com) and facebook news feed (John Eric Real Estate) to maximize your knowledge of the Washington market.
JE JOHN ERIC R E A L E S TAT E
®
DC FUN FAC T S
1 The Forest Glen Metro station is 21 stories deep. So deep, that an escalator link to the mezzanine could not be built. Instead, a bank of six elevators provides the only exit from the platform level.
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Washington icon Old Ebbitt Grill is the city’s oldest bar and restaurant, and though it has relocated twice -most recently to 15th Street two blocks from the White House in 1983 -many of the original spot’s artifacts, including taxidermy and gas lamps, made the move.
Surprisingly, the MLK Memorial was made in China. Chinese sculptor Lei Yixin was in charge of the project and made King’s image out of 159 pieces of pink Chinese granite.
When it was completed in 1884, the Washington Monument was the tallest structure in the world. It was soon surpassed by the Eiffel Tower and numerous other buildings have eclipsed it since then.
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More wine is consumed per person in Washington DC than any state in the United States.
Washington, DC’s geographic center is located at 4th and L Streets, NW.
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DC averages 39 inches of rainfall a year—more than Seattle.
Gallaudet University began the tradition of the football huddle in the 1890’s in order to conceal their signed plays from the opposing team.
THE WASHINGTON AREA IS HOME TO SOME OF THE MOST BEAUTIFUL NEIGHBORHOODS IN THE COUNTRY. FOLLOWING ARE PROFILES OF SOME OF ITS FINEST… CLARENDON, VA
Clarendon provides both convenience and pleasure to its residents. The area hosts not only big name shops and stores such as Whole Foods, Lululemon, Barnes and Noble, Williams Sonoma and Apple, but a sundry of smaller mom-and-pop shops such as Revolution Cycle and South Moon Under. Big name restaurants and eateries from Pinkberry to Cheesecake Factory dot the neighborhood, as do the local haunts like Liberty Tavern and Whitlow’s on Wilson. All combine together to create a shopper’s dream and an eating paradise. Clarendon also boasts a wide assortment of communities. Family-friendly Lyon Park and Lyon Village are filled with single family homes. The residential areas near the Clarendon Metro are hip and cutting edge. These knitted neighborhoods form a tapestry of residents that are quite proud of their village and yearly exhibit this pride with flair. Clarendon Day is held every October and features live music, unique vendors, children’s games and rides. It also hosts the Arlington Neighborhood Day Parade, the CSC Invitational (one of the largest professional and amateur bicycle races in the United States), a Mardi Gras Parade and Tax Blues Night. Clarendon knows how to celebrate!
BETHESDA, MD
In, 2009, Forbes magazine placed Bethesda, Maryland on two of its sought-after lists. They deemed the neighborhood as one of America’s “most educated small towns” and, also, ranked the town second on its list of “America’s Most Livable Cities.” CNNMoney.com followed suite and anointed Bethesda as one of the “top-earning” towns in The United States. With all of these accolades, the bar set on Bethesda is quite high, and it meets it time and time again. Bethesda is home to the headquarters of multinational and domestic powerhouses. Lockheed Martin, Coventry Healthcare and Marriott International are all based here. Bethesda Row, a trendy and hip shopping area in the neighborhood, features such shops as Barnes and Noble, Apple, Aveda, LuluLemon and dozens of other shops and boutiques. Dining is never an issue in the neighborhood. From high end establishments like Bistro Provence to fun and cheap Tastee Diner, the neighborhood offers tons of restaurants pleasing a wide palette of tastes. A plethora of Starbucks is found here as are staples such as CVS, Giant and Whole Foods stores. They intermix with local coffee, dry cleaning, stylists, doctors, dentists and CPA firms. Of course, Bethesda is also home to the Congressional Country Club. This course is recognized as one of the most prestigious clubs in the world. It has hosted four major golf championships, including the 2011 United States Open. There is much to see and do in this neighborhood. Residents flock to its townhouses, its condominiums and its single-family unit homes. The convenience and diversity create a magnet which pull Washingtonians straight toward its direction.
LOGAN CIRCLE, WASHINGTON DC
When approaching Logan Circle, one can’t help but notice the double house, which is designed in the Second Empire style. It begs for attention and stands out among its neighbors. Built in 1880, Nos. 1 & 2 Logan Circle occupy the most prominent position on the Circle. This residence was part of a scheme authorized by then Mayor Alexander Shepherd, who encouraged full development of the city. But, it is not just that building that creates the character of the neighborhood. Beautiful residences fill the streets and create both a visually charming and sophisticated neighborhood. One of the distinguishing characteristics of the Logan Circle is the buildings and townhouses themselves. They, individually and in groups, occupy irregularly shaped lots and frontages created by the system of streets and alleyways that do not form a grid. It is their seamless unity that emphasize the time and scale in and of which they were built. Logan Circle is considered one of the trendiest neighborhoods in Washington, D.C. in which to live. The neighborhood is full of diverse and interesting shops and restaurants. Local theaters and Whole Foods are landmarks of the area. A proliferation of art galleries and Mom and Pop shops, such as Logan Hardware intermingle with national chains, such as Aveda, Lululemon and Starbucks, all vying for the wellheeled customers that cruise the local sidewalks. A plethora of restaurants are right outside of the old Victorian’s doors, offering myriad choices in dining. Like its buildings, the neighborhood of Logan Circle is timeless.
LONG GONE ARE THE DAYS OF WASHINGTON, DC AS THE MODEL OF MONOTONOUS LIVING. THE CITY IS ALIVE WITH A CULTURE THAT IS BECOMING WORLD-RENOWNED. IT IS ENJOYED BY RESIDENTS BOTH YOUNG AND OLD. Local theaters such as Source and venerable theaters such as The Kennedy Center host nightly performances that pack audiences. The Fringe Festival, held every summer, draws in thousands of spectators. While the world-renowned Shakespeare Company performs its annual Free-For-All each August. But, it isn’t just theater that draws the crowds. Music choices are abundant too. Top 40 pop artists entertain at the Verizon Center, the classical notes of the National Symphony Orchestra inspire at the Kennedy Center and smoky jazz singers are found at clubs throughout the city. Art rages on the cultural scene as well. Of course, Washington is home to some of the best museums and galleries in the world. These museums host both exhibitions, special events and lectures that draw every age of people. But, it is also home to a great number of small private galleries, such as Gallery Plan B, and small museums with amazing collections such as The Phillips Collection.
For those more sports minded, the Washington area is home to five professional sports teams. It is impossible to ever be bored. The Nationals (baseball), Redskins (football), Capitals (hockey), Wizards (basketball) and United (soccer) all have legions of Washingtonians supporting their teams. And, the festivals. Every year, Adam’s Morgan Day has thousands of attendees wandering around the neighborhood enjoying good food and great music. Chinese New Year finds throngs of spectators crowding the streets watching dragon dances. And, the Fourth of July finds Washington hosting millions of people on the National Mall. Part of Washington’s charm is its status as an international, cosmopolitan city. The area has long been a magnet for people from other countries, but never more so than today. More than 1 in 5 residents of the metropolitan area were born outside the US. 30% of Montgomery County, MD and 29% of Fairfax County, VA residents are foreign-born. Many embassies host events for the public and many Washingtonians respond. Washingtonians enjoy everything from theater to restaurants, from festivals to international events. The culture of the city is definitely one to enjoy.
WASHINGTON BEYOND THE OBVIOUS While many associate Washington with government and politics – both national and international – the area is also home to a diverse number of top American companies. These corporations illustrate the diversity and the importance of the Washington region. All of the following companies are headquartered throughout the District, Northern Virginia and suburban Maryland: THE DISTRICT: Fannie Mae MARYLAND: Lockheed Martin Marriott International Host Hotels & Resorts Discovery Networks NORTHERN VIRGINIA: FAirbus BAE Systems Freddie Mac General Dynamics Northrop Grumman MARS Capital One Financial Computer Sciences Corp. NII Holdings ITT Exelis Booz Allen Hamilton Holding Gannett Co. Inc. Hilton International Group Nestle (Source: Washington Business Journal / 2014)
ARLINGTON: Land area: 25.9 square miles Population: 222,800 Median resident age: 33.8 years Median Household Income: $110,700 Estimated median house or condo value in 2013: $598,200 ** Source: Arlington County Profile 2017, Arlington County, Virginia MONTGOMERY COUNTY: Land Area: 496 sq. mi. Population: 1.04 Million Median resident age: 38.9 years Median Household Income: $98,917 Estimated median house or condo value in 2015: $474,900 ** Source: DATA USA – Montgomery County, Maryland (2015) WASHINGTON, DC: Land area: 61.4 square miles. Population: 672,228 Median resident age: 33.8 years Median Household Income: $75,628 Estimated median house or condo value: $551,300 ** Source: DATA USA – Washington DC (2015)
70%
In Arlington, over 70% of adults have bachelor’s degrees or higher
40% 1st
Almost 40% have earned graduate or professional degrees
Maryland – placed 1st in the Forbes list of America’s most educated small towns
According to the popular ranking website Niche, Arlington Public Schools is ranked as the No. 1 school system in the state of Virginia out of 132 different school districts (2017.) US News and World Report has consistently ranked 10 Washington, DC area high schools in their annual “Top 150 High Schools” in the country. This is not a surprise, considering some of the nation’s best universities are also located here. From Georgetown University to Johns Hopkins, and the University of Virginia to George Washington University, the Washington, DC area offers some of the very best education opportunities in the country. It’s not just the schools of the metropolitan area that are “smart” – residents throughout the region are educated as well. In fact, Washington is one of the most highly educated metropolitan areas in the world. In Arlington, 72.9% of adults age 25 and older had a bachelor’s degree or higher and 38.4% had a graduate or professional degree. 34.8% of Montgomery County, Maryland’s population hold undergraduate degrees, while 26% hold graduate/post graduate degrees. (Bethesda, Maryland was singled out as 1st in the Forbes list of America’s most educated small towns.) The District of Columbia holds an impressive 27.4% of residents with undergraduate degrees and 34% holding graduate/post graduate degrees. Education and educational opportunities are important to those who reside in the Washington, DC area. And, there is no shortage of opportunities for those who live here.
EDUCATION
REALESTATESAVY INVESTING IN WASHINGTON AREA REAL ESTATE
The Washington, DC metropolitan area’s real estate market is resilient. When the national housing market spiraled downward during the 2008 recession, DC’s market held firm and then quickly resumed its growth pattern. The Washington area is considered safe not only for Americans but for international investors as well. While currencies shift and companies go bankrupt, the real estate market in the American capital remains the safest investment to many global financiers. The Washington area is one of the top markets for foreign investment due to the region’s entry point to the US market, its international assets and its residential charms. The District is the only U.S. city that can claim 176 embassies and international organizations such as the World Bank, the International Monetary Fund and the Pan American Health Organization. Washington is in a unique position for foreign investors who seek a US presence and high return on investments due to its access to so many international entities within the city. In terms of foreign investment, the Washington Metropolitan area ranks 6th in the United States and 15th in global cities according to the Association of Foreign Investors in Real Estate (2017). Foreign investors are a main driver behind DC’s office building sales, with dozens of big investments in recent years. Tokyo-based Unizo bought five DC properties in 2016, most recently a $148M purchase of Capital View from Clark Enterprises. The real estate investment arm of the Qatar government invested $650 million dollars into City Center DC, a billion-dollar mixed used development site. At the ribbon-cutting for the Marriott Marquis hotel, of which the Chinese were major investors, then Mayor of the District of Columbia, Vincent Gray, gave a nod to continued suggested growth by announcing the first direct flights on Air China between DC and Beijing would begin that day. According to the house sales website Trulia, Asian investors are snapping up U.S. real estate. They view the U.S. real estate market as relatively cheap and the federal government as relatively stable. While Asian investors have always been interested in U.S. real estate, the recent increase in wealth among Asian countries has made it even more common for people to buy U.S. property. From commercial to residential real estate, the world is recognizing both the potential and the savvy of investing in Washington area real estate.
JOHN ERIC John Eric joined Compass in February, 2017 as Senior Vice President
John’s commitment to his community is extensive and passionate.
and Senior Advisor. He is also a Founding Member of the Compass
He founded Arlington Realtors Care (ARC) to benefit A-Span and
expansion into the Commonwealth of Virginia. Previously a top
AFAC. John is a supporter of local charities and educational groups
producing Vice President at TTR | Sotheby’s International Realty, John
throughout the Washington Metropolitan Area. He is also active with
Eric is one of the most successful real estate agents nationally and in
The Point Foundation, Dress for Success, DC Central Kitchen, The
the Washington Metropolitan Area. John is considered an industry
Animal Welfare League of Arlington and the Humane Rescue Alliance.
leader by both colleagues and peers. John Eric’s success can be attributed to his unwavering commitment to his clients and his exceptional customer service skills. His Addy awarding winning marketing and advertising constantly sets new standards for excellence. His marketing has been singled out by industry leaders, fellow realtors and clients as being some of the most creative and finest in the real estate industry. Prior to real estate, John worked in the worlds of print, radio and television advertising and marketing. His unique set of creative skills gives him the competitive edge in marketing properties and reaching and understanding buyers and sellers in the evolving world of real estate. John’s success has been recognized by The Washington Post, The Wall Street Journal, Washingtonian, Northern Virginia Magazine, Washington Life, Capitol File and Arlington Magazine.
ANGELA CASEY
HILLARY BROADWATER
Angela Casey heads communications for the John Eric Group and is responsible for
Hillary Broadwater, is the Creative Director for the John Eric Group and is responsible
public outreach, media, advertising, marketing and working with the team in promoting
for the development and design of all marketing collateral created for John Eric
real estate in the Washington region. She is Managing Editor of the John Eric Home
Real Estate and the John Eric Group. She is Creative Director of the John Eric Home
magazine, the hallmark publication of the John Eric Group, and has worked in
magazine, the award-winning publication of the John Eric Group, and has worked in
marketing communications for over twenty years.
marketing and design for over twenty years.
Ms. Casey is a native of the Pocono Mountains and has lived in the Washington region
Hillary’s background includes a Bachelor of Arts from Art Center College of Design
for twenty-five years. She understands the neighborhoods of Washington and enjoys
in Pasadena, California—with a Degree in Graphic Design and Packaging. During
promoting them.
her 10 years as Art Director for AIMS Multimedia, the leader in K–12 educational media, Hillary revitalized a classic brand, thoroughly updating the look and feel of the
She holds both a Bachelor’s Degree (obtained from The George Washington University,
company’s marketing collateral. Hillary went on to design for the Discovery Channel,
Washington DC) and a Master’s Degree (obtained from the University of Leeds, United
in Silver Spring, Maryland as the Senior Design Manager for the Discovery Education
Kingdom) in Chinese Studies. Ms. Casey is fluent in Mandarin Chinese and Chinese
brand. Considered by her peers as one of the nation’s top graphic designers, Hillary’s
culture, history and economic issues. She has lived in Hefei, China, Hong Kong, China
objective is to establish a strong “visual voice” for the John Eric brand.
and Taipei, Taiwan. In her free time, she often lectures on Chinese themes and teaches Mandarin Chinese to children.
Hillary Broadwater is an active member of the American Advertising Federation (AAF), Association of Women Entrepreneurs, as well as Soroptimist International, and VIA
Also, in her free time, Ms. Casey has volunteered for esteemed Washington organizations such as the National Alzheimer’s Association and The Torpedo Factory Arts Center. Along with Mandarin Chinese, she speaks fluent French, intermediate Cantonese, beginning Mongolian and is learning Italian. She enjoys playing the piano, reading and cooking.
(Valley Industry Association).
JE JOHN ERIC R E A L E S TAT E
JOHN ERIC +1 703 798 0097 john@johneric.com johneric.com compass.com
®